Right now, we’re seeing a slight increase in inventory and some corrections in rents, which could create opportunities—but achieving solid cash flow on a condo can still be challenging.Getting pre-approved is a great first step to narrow down your options and focus on locations that make sense for your goals.

Purchase price: $176,000 Have a signed PA and conditionally approved loan for single family residence in Fulton Market neighborhood!

If they approve it, you can do it.

Pre-approval for a mortgage and self-managing your first property can help you build momentum.Good luck!

Especially without approval from anyone? 

The renovations were already factored into the LTV during the initial loan approval, and the increased value of the property due to those renovations may not automatically allow for an earlier PMI removal under Fannie Mae's standard policy.Workaround/Next Steps:Reappraisal: You might be able to request a reappraisal if the lender is open to it.

However, the approval process can be pretty tough, especially if you're working on a larger project or have a shorter timeline.Private Lenders: These options are typically much faster and more flexible, which is key when scaling development projects.

I suspect the builder has crappy credit and can't get approved on their own.Also, as a former banker myself, local banks aren't generally interested in financing new construction on this size of project or a builder that doesn't have extensive experience in these type of builds, in my opinion. 

Quote from @Kevin James: My tenant wants a refund of $175 for a lapse of 4 days without internet for the cost she incurred by using her mobile hotspot.

At the planning commish meeting they said we will approve it but you need to cut density by 10 lots..